My fiance and I are completely and utterly aware that we will have no Social Security. That doesn't mean that its inevitable collapse will have no effect on us.
It's a waste to have to contribute to it. I'm resentful, to be honest, and it's only going to get worse. On top of the SS contribution we must also contribute to our own retirement accounts. Fortunately I have a fully-vested private pension plan as well (which is also becoming a rarity). We still worry, and we both have a good 40 years until retirement!
My parents struggled financially and have virtually nothing in savings for retirement. It saddens me that the good, God-fearing couple who raised me will not have a relaxing and comfortable retirement. We will help them as much as we can - not that they will accept much (or any) help! At the same time we will have our own family to raise. It is going to get awfully hard if there's no social security for my parents...but we will not let them live on the street or go hungry.
I totally agree! We could solve the problem by excluding from SS everyone born between 1945 and 1960 who never served in the armed forces, ...or was a registered democrat from 1965-to present. :)